The Boom of the online casino market thanks to Covid-19

COVID-19 and containment could open up new opportunities. For example, the online casino market is growing by leaps and bounds.

Coronavirus and containment - a good card for online casinos?

Vincent Dunant, regular author and CasinoNow portal expert, will talk about the impact of coronavirus and containment on online casinos. The COVID-19 pandemic has had a huge impact on the global gaming industry. The pandemic has resulted in the closure of casinos, gambling venues such as bars, breweries, bingo halls, horse racing and others, as well as lottery offices. However, the gambling industry such as online casinos has seen strong growth. Read on to find out MORE.

1. Impact of the Covid-19 pandemic on online gambling and casinos

We can see many changes in the online gambling world since the emergence of Covid-19. The UK Gambling Commission reports that the percentage of people gambling on the Internet has increased significantly. It has seen an increase of about 25% in the number of people trying to play slots online, and an increase of about 38% in participation in poker. These increases are due to the fact that during the lockdown period people were locked in their homes and chose to play for entertainment. You can also read our review of the cookie casino 

2. Actions of land-based casinos during the coronavirus period

The Covid-19 outbreak has had a devastating effect on the land-based gambling industry worldwide.  Fortunately, most land-based casinos have their respective online branches and can benefit from the reported increase in online player activity. The big casino in Bern is one of them. It offers its customers a wide range of slot machines, video poker and table games. And other land-based casinos are following suit. In addition, a population study conducted in Ontario, Canada, revealed that during the first few weeks of land-based casino closures, there appears to have been a significant migration from land-based to online casinos.

3. Online casinos - how the closure has affected

Studies show a dramatic increase in online gambling during the COVID-19 closure periods. A joint study by Australian credit bureau illion and analytics firm AlphaBeta found a 67% increase in online gambling in March 2020 alone, following the shutdown of all non-core services due to COVID-19. The figures, based on a sample of transactions from 250,000 Australian consumers, show that the online gambling sector is one of the biggest winners from the shutdown. Now you can play for free with the No Deposit Bonus conditions. Let's talk about paysafecard.

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